According to the latest customs data, in April, China's imports of nickel hydrometallurgy intermediate products totalled 149,500 mt, or 28,500 mt in metal content (+16% MoM, +46% YoY). The increase was mainly from Indonesia, as Indonesian approval process for export qualifications accelerated compared to March and port congestion was partially eased. Imports in May are expected to dip slightly, mainly because the supply from New Caledonia can not arrive on time due to riots.



